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IRS Announces Increases for HSA Contributions for 2013

May 14th, 2012 – The IRS just announced increases for allowable Health Savings Account (HSA) contribution limits for 2013.   Individual HSA contributions increased to $3,250 in 2013.  Family plans are HSA qualified insurance plans with more than one person enrolled and the contribution limits for those family plans increased to $6,450  for the upcoming year.

For HSA qualified insurance plans, the maximum annual out-of-pocket increased as well.  The individual out-of-pocket maximum increased to $6,250 and the family out-of-pocket maximum increased to $12,500.  The minimum deductible on an HSA qualified plan also increased to $1,250 for individuals and to $2,500 for families.

For more information on the money and tax savings benefits of HSA plans, follow the link for more information on Colorado Health Savings Account – HSA- qualified insurance plans.

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